For a second straight month, employment by small businesses in Colorado rose by 0.2 percent in June from the previous month, the state’s biggest monthly gains of the year to date, according to a report Tuesday from Intuit Inc.
The back-to-back monthly increases in May and June followed Colorado small-business job gains of 0.09 percent in April, 0.03 percent in March, no gain in February and a 0.07 percent rise in January, according to Intuit data.
Colorado in June tied for seventh place among the states for the biggest month-to-month small-business employment gains, up from 10th place in May, 23rd place in April and 12th each of the three months before that.
Washington state and Idaho scored June’s biggest small-business job gains among the states, up 0.4 percent, followed by four states tied with 0.3 percent gains, Intuit said.
On the other hand, five states saw small-business employment declines last month, led by Michigan with a sharp 0.4 percent drop.
Nationwide, small business employment grew by 0.1 percent in June, Intuit said.
For its report, Intuit (Nasdaq: INTU) — a Mountain View, Calif.-based financial software and online services company — gathered data anonymously from 235,000 businesses nationwide with 20 or fewer workers that use its Intuit Online Payroll and QuickBooks Online Payroll software products.
The report covers the period from May 24 through June 23.
Intuit’s data indicated that small-business workers at surveyed companies nationwide were paid an average of $2,715 a month in June, up $1 from the previous month’s adjusted level. And monthly time worked averaged 107.2 hours in June, down about 1 minute from April’s revised figure.
The numbers are seasonally adjusted. Intuit does not report the small-business employment total at the state level.
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